At Miamisburg, we hold steadfast to our mission of “Educate, Innovate, Collaborate, and Inspire.” As we journey together toward these goals, we recognize the vital importance of keeping our community informed about the decisions that shape our district's future.
Information spreads quickly in today’s society, particularly on social media. And unfortunately, there is a lot of misinformation out there. Sharing inaccurate information on any social media site is detrimental to our school district and our community. Social media is a great platform for highlighting positivity and sharing accurate information to the public and our community. At Miamisburg City Schools we strive to uphold the integrity of students and staff through social media.
This page is dedicated to providing our community with information that helps you understand how our school district is using taxpayer dollars to provide our students with the best education possible, from curriculum to finances and everything in between. Having a strong foundation of knowledge is key to making informed decisions.
We hope you will visit this page often to learn more about Miamisburg City Schools. We value your input, and we are committed to working with you to create the best possible educational experience for our students.
Have a question and haven’t found the answer? Email Brenda Hibberd at bhibberd@miamisburg.k12.oh.us.
ENROLLMENT
Welcome to the Enrollment section of the Miamisburg City School District's "Know the Facts" webpage. As our vibrant community continues to experience unprecedented growth in certain areas, we are happy to witness the positive changes taking place around us. This growth, however, also presents us with a unique set of challenges, particularly in managing the increasing student enrollment. With three new developments underway within our district boundaries, we anticipate a significant rise in student numbers. To ensure that we can provide the best possible educational experience for all our students, the district has taken proactive measures, initiating a comprehensive enrollment study and considering potential redistricting options. This process reflects our commitment to thoughtful planning and effective resource allocation as we embark on this exciting phase of our journey.
Enrollment Study
After collecting a wide array of opinions and information voiced by the community during several town hall meetings and gathering community input through the Elementary Programming Community Survey, the district decided to reevaluate the timeline for the decision and formed an Enrollment Committee in March 2023.
The committee's composition was structured to ensure comprehensive representation, including teachers from kindergarten to 5th grade in a variety of subjects, intervention specialists, support staff, parents, board members, school administrators and school nurses and counselors.
The Enrollment Committee has been entrusted with a comprehensive set of tasks aimed at facilitating well-informed decisions to effectively accommodate the increasing number of students attributed to ongoing development in the area.
Stay Informed
We highly value your involvement and commitment as we navigate through this intricate process. Your informed perspective is crucial to our success. We encourage you to regularly revisit this page and our enrollment study section, ensuring you remain well-informed. By doing so, you will have access to the latest committee presentations, insights derived from on-site visits to area schools, and comprehensive survey results. Your active engagement in staying updated will contribute significantly to our collaborative efforts.
SCHOOL FUNDING
Understanding School Funding in Ohio
In Ohio, funding for schools is a shared responsibility between the state and local school systems. Excluding federal dollars, over half of all funding in the state comes from local sources. Most of this local funding is generated through property taxes. Since the 1800s, property tax has been the main funding for Ohio's schools. About two-thirds of all property taxes collected in Ohio go towards supporting schools, with the rest being divided among other local government needs.
There are two main types of property taxed in Ohio, each with two additional categories. The first type is real property, which includes land and buildings. This is divided into residential and agricultural (Class I) and industrial and commercial (Class II) classifications. The second type is tangible personal property, which covers things like machinery, equipment, furniture, fixtures, and inventories. This type is also split into two categories: public utility tangible and general businesses tangible.
HOME VALUES
Appraised Value: Your Home's Market Worth, commonly referred to as market value or current value, the appraised value of your home is the amount it could be sold for in today's real estate market. It reflects the culmination of various factors, including the property's location, size, condition and the housing market's current state. This value is a vital benchmark, not only for potential buyers and sellers but also for determining property taxes.
Taxable Value: The taxable value, also known as the assessed value, is a percentage of your home's market value. Specifically, it's calculated as 35 percent of the appraised value. This value forms the foundation for determining property taxes owed. It's important to understand that while the appraised value can fluctuate based on market conditions, the taxable value is used to calculate your property tax liability.
Property Value Impact on School Funding
A common misconception surrounds the link between property value increases and school funding from voted levies. Contrary to what one might assume, an increase in property values does not directly translate into more funding for schools through voted levies. Voted levies are a separate mechanism used to generate revenue for schools. They involve the local community voting to approve additional funding for education, which is then collected as property taxes based on the taxable value of homes.
In essence, while rising property values might contribute to increased property tax revenue, the allocation of these funds to schools is determined by the voting process and the community's support for additional funding measures.
[Understanding the nuances of these dual values - appraised and taxable - equips homeowners with valuable insights into their financial responsibilities and the broader implications for their community. Comprehending these distinctions empowers you to make informed decisions regarding your property and its impact on local institutions like the Miamisburg City School District.]
Property Tax Evaluation
The State of Ohio requires the County Auditor to complete an evaluation of property every six years and an update every three. Montgomery County completed a full reappraisal of the properties in 2020 and will conduct an update of the appraisal in 2023. These new values will impact the amount of property taxes you pay beginning in 2024.
What is Millage?
Millage is the percentage used to determine the tax revenue based on the assessed value of your property. Simply put 1 mill = 1 dollar for every 1,000 dollars in assessed value.
Inside millage refers to the portion of property tax levied by local governments, such as cities, townships and villages, without voter approval. It is called "inside" millage because it falls within the statutory millage limit and does not require additional taxpayer approval. Inside millage is typically set by local taxing authorities and is often used to fund essential services and general operations of the local government.
Voted on mills or outside millage are approved by voters through ballot measures and are subject to the property tax reduction factor, meaning that the levied amount is what is collected regardless of property tax increases or changes.
House Bill 920
Every year, the Department of Taxation for Ohio computes effective tax rates using a set of reduction principles specified in the Ohio Revised Code section 319.301 and established by House Bill 920 in 1976. Although the computation of these percentage decreases is intricate, their fundamental purpose is to prevent revenue fluctuations resulting from property reappraisals.
In cases where a school district possesses a combined millage that surpasses 20 mills – encompassing both voted and unvoted present expenditures (or inside and outside mills) – the millage amount that remains effective following the application of reduction principles cannot dip below 20 mills. This particular threshold is sometimes referred to as the "floor." If the preliminary calculation of the reduction principles would push the effective present expenditure rate below 20 mills, a recalculation of these principles is obligatory to establish a rate of 20 mills.
